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U.S. Court Decision in Citgo-Venezuela Case
Yesterday, a U.S. court made a crucial decision in the Citgo Petroleum case. It accepted claims worth $20.8 billion against Venezuela.
These claims, reduced from...
Venezuela denounces “kidnapping” of Citgo by U.S. and demands its immediate return
Venezuelan President, Nicolás Maduro, called for the prompt return of the oil company Citgo, a subsidiary of Venezuela's national oil company, Petróleos de Venezuela...
Venezuela denounces that the U.S. expropriates Citgo to finance radical opposition
The President of Venezuela, Nicolás Maduro, denounced this Monday night that the U.S. Government materialized the expropriation of the Venezuelan state-owned oil company Citgo,...
Seizure of Citgo subtracts US$900 million a month in revenues for Venezuela
Venezuelan President Nicolás Maduro denounced Monday night that the "seizure" of the Venezuelan oil company Citgo, based in Houston, United States, means that the...
Venezuela: Citgo in the US may be sold to creditors
The legal and political dispute over control of Venezuela's refining network in the US, Citgo, threatens an unfavorable outcome for Venezuela.
The US Treasury Department...
What is Citgo, the Venezuelan oil company said to have been stolen by the U.S.?
The government of Nicolás Maduro accused the US of trying to "illegally" and "arbitrarily" sell shares of Citgo, a subsidiary of the state-owned oil...
Venezuela fights to reclaim PDVSA and not lose its “crown jewel” subsidiary Citgo
RIO DE JANEIRO, BRAZIL - To begin conceiving a recovery from the economic and humanitarian crisis Venezuela is experiencing, it is necessary to assess...
Venezuela Denounces U.S. Court’s Decision Authorizing Sales of Citgo Shares
RIO DE JANEIRO, BRAZIL - The Venezuelan government rejected a recent decision by a U.S. court that authorized the sale of shares of Citgo,...
U.S. Wants Former Citgo Executives Convicted in Venezuela to be Returned
RIO DE JANEIRO, BRAZIL - U.S. Secretary of State Mike Pompeo said on Friday, November 27th, that the United States “unequivocally condemns” a Venezuelan...
Former Citgo Oil Executives Sentenced in Venezuela
RIO DE JANEIRO, BRAZIL - (AFP) Six US-connected former oil company executives have been sentenced to between eight and 13 years in prison, Venezuela's...
Venezuela Restricts Opposition Leader’s Presidential Run
Venezuela's supreme court has barred opposition leader María Corina Machado from this year's presidential race.
This decision casts doubt on a U.S.-Venezuela deal, linking sanctions...
Maduro is already now gearing up his armed forces for the 2024 presidential race
Venezuelan President, Nicolás Maduro, instructed the National Bolivarian Armed Forces to initiate plans for a comprehensive security layout in anticipation of upcoming elections.
The announcement...
Venezuela moves closer to recovering its gold after positive verdict in Portugal
Following a court decision in Portugal, Venezuela could be a step closer to regaining significant assets held in the UK and the US.
The Central...
Venezuela appeals to UN over increase in poverty and inequality due to coercive measures
During a United Nations (UN) session, the Venezuelan government urged to repeal coercive measures, arguing that they contribute to increased poverty and inequality in...